Litecoin

Litecoin

Currency, platform, token?

Type

Denominations

Units

Ticker symbol

Demographics

Date introduced

2011-10-07

User(s)

Worldwide

Issuance

Administration

Decentralized

Valuation

Supply growth

Per CoinMarketCap, at 2017-12-31 54,554,858 LTC circulate out of a maximum of 84,000,000.

Litecoin is a popular scrypt cryptocurrency, with an average block time of 2.5 minutes. Creation and transfer of coins is based on an open source cryptographic protocol. Litecoin was heavily inspired by Bitcoin, and is very similar to it in it's technical details.